Mahindra & Mahindra recently entered into an MoU with Eurocopter, the world’s leading helicopter manufacturer. This is expected to contribute to the growth of the Indian aeronautical industry and the civil aircraft market.
Eurocopter has a long term strategy for growth in India, while Mahindra Aerospace is trying to make a mark in the fixed-wing aircraft and aerostructures space. Mahindra sees this MoU as a step forward for both companies.
“We are delighted Mahindra Aerospace has entered into an understanding with Eurocopter. Eurocopter’s vision and expertise, coupled with our knowledge of the local market will contribute to the growth of the civil aviation industry in India. I am sure this step will contribute to Mahindra’s aerospace vision,” said Anand Mahindra, Vice Chairman & MD, Mahindra Group.